The introduction of these new trading pairs is Bybit’s second market expansion in as many weeks, following the arrival of the BTCUSD0625 futures contract on March 11. ADA / USDT, DOT / USDT and UNI / USDT join the existing linear permanent trading pairs of BTC / USDT, ETH / USDT, LINK / USDT, LTC / USDT, XTZ / USDT and BCH / USDT, as well as the markets of Bybit futures and perpetual inverses.
Traders will be able to select between 1-25x leverage on these new contracts. Linear contracts with USDT margin allow traders to use the stablecoin Tether (USDT) as collateral, so that they can benefit from volatility and limit their exposure to falling prices.
“We are delighted to be able to bring these highly demanded coins to our trading platform and offer our clients even more options,” said Ben Zhou, co-founder and CEO of Bybit. “Bybit is well known for our excellent liquidity. We have done extensive research and preparation to ensure that the markets for these new trading pairs are no exception. “
Bybit is a derivatives cryptocurrency trading platform established in March 2018. The company offers online trading services to international individual retail clients as well as professional traders.
For more information visit: https://www.bybit.com/
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Name: Mavis Wu
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